Bain & Company Middle East Inc. opens in Dubai

By

Staff Writer

PublishedWednesday, April 09, 2008

Bain & Company, the global business consulting firm, officially announced today the opening of its 38th worldwide office in Dubai. The Dubai office will be the operating nexus for Bain’s operations in the Middle East. The opening of the Dubai office is in response to the firm’s growing roster of clients in the Middle East, including local firms, multinational corporations, family-owned conglomerates and private equity funds.

“Opening an office in the Middle East is a natural step in our continuing expansion in the GCC and Egypt,” said Steve Ellis, Bain & Company worldwide managing director. “We have been working with companies in the region since the mid-90s and have a strong client base and local knowledge. Opening our office in Dubai is an important milestone in our commitment to the region.”

Bain & Company Middle East, Inc. will be under the leadership of Jean-Marie Péan, who after several years of working closely with clients in the region becomes managing director for Bain in the Middle East.

A veteran Bain & Company partner and leader in the firm’s global organisation practice, Péan brings both an established track record of leading successful Bain teams and of successfully launching new offices for the company, having opened the Bain Brussels office in 1990 and leading the Paris Office until 2001.

Péan is joined by two senior partners – Julien Faye, head of the Middle East Financial Services and Private Equity Practices and Naji Sourati, head of Middle East Telecommunications, Media and Technology Practice.

“Our Middle East office will allow us to better serve the growing needs of the region. I am confident that with our teams’ passion for results, global capabilities and expertise, we will help create outstanding success stories for our clients in the Middle East,” said Jean-Marie Péan.